Texas oil lease · RRC district 7B · Lease 23368
ProducingHANKS UNIT
Hanks Unit is an oil lease in Stephens County, Texas, operated by Ridge Oil Company in the Stephens County Regular field. The Railroad Commission shows 2,892 bbl of oil in the 12 months through Jul 2026.
Oil lease dossier · 1 well
- Operator
- Ridge Oil Company
- County
- Stephens County
- RRC lease
- 7B-23368
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Where it sits
This county
- Oil in Jul 2026
- 326 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 1
- Data through
- Jul 2026
Production
Month by month, from the state record
Oil output fell 4% over the last 12 months
2,892 bbl in the 12 months through Jul 2026, against 2,998 bbl in the 12 months before.
- Oil (bars, left axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 23368, district 7B. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
No gas disposition reported for this lease
Operator history
Who has run this lease
Ridge Oil Company has reported this lease for the whole period
No change of operator in the months we hold.
- Ridge Oil Company Jan 2020 to now
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
1 well on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-429-34551 | 1 | Active | – |
SourceTexas Railroad Commission Wellbore Query, district 7B, lease 23368.
Who buys and gathers
Who moves and buys this lease's production
Oil
Sentinel Transportation, LLC gathers it.
100% of it, on the list since Jun 1, 2009
SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.
Unit and wells
24 acres on the newest permit
- Wells on the permits
- 11 not plugged
- Horizontal
- 0
- First completion
- Jan 9, 1986
- Latest permit
- Sep 18, 1985
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-429-34551 | 1 | Sep 18, 1985 | Jan 9, 1986 | 24 |
Estimator
Estimate your royalty for this lease
Estimator
What could your check be?
Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says HANKS UNIT sold each month.
For example 0.00097656, or a fraction like 1/1024.
Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|
| Jul 2026Ridge Oil | 326 | 326 | $80.46 | $2.89 |
| Jun 2026Ridge Oil | 288 | 341 | $84.81 | $3.15 |
| May 2026Ridge Oil | 267 | 172 | $102.13 | $2.94 |
| Apr 2026Ridge Oil | 233 | 337 | $100.32 | $2.77 |
| Mar 2026Ridge Oil | 220 | 167 | $91.38 | $3.04 |
| Feb 2026Ridge Oil | 87 | 0 | $64.51 | $3.62 |
| Jan 2026Ridge Oil | 201 | 172 | $60.04 | $7.72 |
| Dec 2025Ridge Oil | 305 | 348 | $57.97 | $4.26 |
| Nov 2025Ridge Oil | 284 | 339 | $60.06 | $3.79 |
| Oct 2025Ridge Oil | 280 | 337 | $60.89 | $3.19 |
| Sep 2025Ridge Oil | 194 | 168 | $63.96 | $2.97 |
| Aug 2025Ridge Oil | 207 | 156 | $64.86 | $2.91 |
| Jul 2025Ridge Oil | 287 | 339 | $68.39 | $3.20 |
| Jun 2025Ridge Oil | 177 | 168 | $68.17 | $3.02 |
| May 2025Ridge Oil | 286 | 171 | $62.17 | $3.12 |
| Apr 2025Ridge Oil | 203 | 337 | $63.54 | $3.42 |
| Mar 2025Ridge Oil | 291 | 168 | $68.24 | $4.12 |
| Feb 2025Ridge Oil | 196 | 339 | $71.53 | $4.19 |
| Jan 2025Ridge Oil | 258 | 172 | $75.74 | $4.13 |
| Dec 2024Ridge Oil | 215 | 170 | $70.12 | $3.01 |
| Nov 2024Ridge Oil | 245 | 176 | $69.95 | $2.12 |
| Oct 2024Ridge Oil | 273 | 339 | $71.99 | $2.20 |
| Sep 2024Ridge Oil | 265 | 345 | $70.24 | $2.28 |
| Aug 2024Ridge Oil | 302 | 165 | $76.68 | $1.99 |
| Jul 2024Ridge Oil | 229 | 333 | $81.80 | $2.07 |
| Jun 2024Ridge Oil | 250 | 167 | $79.77 | $2.54 |
| May 2024Ridge Oil | 206 | 174 | $80.02 | $2.12 |
| Apr 2024Ridge Oil | 0 | 168 | $85.35 | $1.60 |
| Mar 2024Ridge Oil | 212 | 170 | $81.28 | $1.49 |
| Feb 2024Ridge Oil | 291 | 342 | $77.25 | $1.72 |
| Jan 2024Ridge Oil | 242 | 167 | $74.15 | $3.18 |
| Dec 2023Ridge Oil | 231 | 172 | $71.90 | $2.52 |
| Nov 2023Ridge Oil | 78 | 172 | $77.69 | $2.71 |
| Oct 2023Ridge Oil | 245 | 170 | $85.64 | $2.98 |
| Sep 2023Ridge Oil | 257 | 333 | $89.43 | $2.64 |
| Aug 2023Ridge Oil | 233 | 334 | $81.39 | $2.58 |
No report filed More than 3% of gas flared
SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).
Check your statements
Do your checks match this lease?
Upload your statements for HANKS UNIT. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Ridge Oil Company.
- A month that was never paid
- Your share of the barrels and mcf
- The price against WTI and Henry Hub
- Fees taken on gas
- Late payment interest
Around this lease
Walk the neighborhood
This lease belongs to
Ridge Oil Company in Stephens County
- LAKEVIEW UNIT
4,640 bbl last 12 months
- BROWN UNIT
4,330 bbl last 12 months
- PACE UNIT
3,459 bbl last 12 months
- ONEAL, B.G. ETAL
849 bbl last 12 months
- MATHIAS UNIT
2,659 bbl last 12 months
Stephens County Regular field
- CURRY UNIT
150,422 bbl last 12 months
- SOUTHEAST BRECKENRIDGE UNIT
140,406 bbl last 12 months
- ELIASVILLE (CADDO) UNIT
104,606 bbl last 12 months
- CALDWELL-BRECKENRIDGE UNIT
92,618 bbl last 12 months
- WARD, J. M. -C-
81,643 bbl last 12 months
Leases within 10 km
Found by the location of their wells.
- STRIEGLER
844 mcf last 12 months · 0.2 km away
- STRIEGLER "9"
3,456 mcf last 12 months · 0.4 km away
- STRIEGLER
4,733 mcf last 12 months · 0.6 km away
- HAYNIE UNIT
360 mcf last 12 months · 0.8 km away
- FAMBRO "CC"
1,136 mcf last 12 months · 0.9 km away
Drilling permits within 10 km
SCARLETT 'C' #12
recompletion · Ray Herring Operating Co., LLC · Stephens County · 6.9 km away
Permit 0901667 · Aug 5, 2024
How to read this page
Questions owners ask
What is a decimal interest?
It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.
How do I use this page to check a royalty check?
Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.
Why is the newest month Jul 2026?
The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.
Does this page show what my check should be?
No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.
Sources and method
Where these numbers come from
- Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 23368, district 7B, reported through Jul 2026.
- Wells: Texas Railroad Commission Wellbore Query.
- Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
- Page updated Sep 28, 2026.
We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.